Max Financial Services Limited (NSE:MFSL)
India flag India · Delayed Price · Currency is INR
1,223.30
-31.70 (-2.53%)
Oct 22, 2026, 3:28 PM IST

Max Financial Services Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Max Financial Services stock has a consensus rating of "Strong Buy" and an average price target of ₹1,966. The average 1-year stock price forecast is 60.70% higher than the current stock price, while the lowest is ₹1,690 (+38.15%) and the highest is ₹2,300 (+88.02%).

Price Target: ₹1,966 (+60.70%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,690₹1,966₹2,000₹2,300
Change+38.15%+60.70%+63.49%+88.02%
* Price targets were last updated on Aug 18, 2026.

Analyst Ratings

The average analyst rating for Max Financial Services stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy192019202020
Buy666555
Hold000000
Sell000000
Strong Sell000000
Total252625252525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹2,150
BuyMaintains₹2,150+75.75%Aug 18, 2026

Financial Forecast

Revenue This Year
605.88B
from 476.92B
Increased by 27.04%
Revenue Next Year
690.86B
from 605.88B
Increased by 14.03%
EPS This Year
10.18
from 2.39
Increased by 326.47%
EPS Next Year
11.07
from 10.18
Increased by 8.76%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
311.86B314.24B466.13B464.95B476.92B605.88B
Revenue Growth
-0.41%0.76%48.34%-0.25%2.57%27.04%
Net Income
2.53B3.78B3.40B3.27B839.90M4.72B
EPS
----2.3910.18
EPS Growth
-----75.15%326.47%
Forward PE
49.5845.0859.8384.79114.51120.13
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High701.9B
Avg605.9B
Low551.6B

Revenue Growth

Revenue Growth202720282029
High
47.2%
Avg
27.0%
Low
15.7%

EPS Forecast

EPS202720282029
High15.60
Avg10.18
Low5.50

EPS Growth

EPS Growth202720282029
High
553.4%
Avg
326.5%
Low
130.3%